Connect with us

World

Indiana’s Casinos start Sport betting, While Ohio is Considering to Legalize it

mm

Published

on

While the lawmakers in Ohia and Kentucky are still thinking about bringing the bills that legalize sports betting, a second Greater Cincinnati casino in Indiana has launched the sports betting services on November 11. Rising Sun Casino Resort is now offering sports betting options for gamblers. The casino will also allow betting on sports starting with an event featuring former Cincinnati Bengals Players.

Indiana has legalized sports betting on September 1 and now 10 casinos across the state are offering sports betting including Greater Cincinnati’s Hollywood Casino Lawrenceburg. All ten casinos took $35 million in sports betting in September and made an outcome of $8.6 million with $800,000 in taxes for the state.

That means sports betting has a good future in the state and a large number of casinos are including it in their business.

Indiana is the 13th state in the US that has legalized sports betting. In 2018 US Supreme Cout ruling allowed the states whether they want to run sports betting or not. Ohio lawmakers are brining two bills to make sports betting events legal in the casinos. The bills are facing resistance from the debate among lawmakers about who will regulate the sports betting industry and what kind of betting will be legal in the state.

The debate is including both the bills that are seeking the way to make sports betting legal in the state. House Bill 194 was introduced in April and it is co-sponsored by Cincinnati Democrat State Rep. Brigid Kelly and Westlake Republican State Rep will place control of sports betting under the Ohio Lottery Commission. They will also choose an investigation into the industry to the Ohio Casino Commission.

The second bill, Senate Bill 111 will give the casino commission full control to run the sports betting in the state. House Bill 194 will execute the return of a 10-percent tax on sports betting. The tax will be used for public education and the effort to fight gambling addiction.

The bills to make sports betting legal in the state are facing opponents that are telling the members of the Ohio House about gambling disadvantages. Supporters in favor of the legalization of sports betting are finding gambling already taking place in the state. And people are also visiting Kasinohai – löytää netticasino for casino gambling and betting.

In May 2018, the US Supreme Court gave a decision in the PASPA case in favor of New Jersey. The PASPA case was regarding the 1992 federal ban on sports betting in most states that violated their rights. After the Supreme Court ruling, most of the states including New Jersey and Rhode Island legalized sports betting.

In June 2018 Delaware implemented full-scale sports betting after Nevada. On June 11, 2018, New Jersey became the third US state to legalize sports betting after Nevada and Delaware. Further several other states legalized sports betting and now Indiana became the 13th US state which has legalized sports betting in Casinos and Ohio lawmakers are debating on the bills. Some states are still considering which department will regulate sportsbooks and are choosing between their respective gambling commissions and lottery boards.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

World

Turkish Textile Giant Sun Textile Solution Proposal for Drought

mm

Published

on

While the World Health Organization (WHO) and the United Nations (UN) are seeking solutions to combat drought through various projects, Ekoten Textile, a subsidiary of Turkey’s textile giant Sun Textile, has developed a groundbreaking project in collaboration with a technology startup to minimize the intensive water consumption in the textile industry. This pioneering project, the first of its kind globally, will enable the recycling and reuse of up to 90% of the water used in textile production.

Drought is one of the most pressing issues facing the world today. According to WHO data, 40% of the global population is struggling with water scarcity. By 2030, up to 700 million people could be forced to migrate due to drought. The unconscious use of water in global production processes plays a significant role in the rapid depletion of clean water resources.

The textile industry is one of the sectors with the highest water consumption. In Turkey, while the food industry consumes 22% of the water used for industrial purposes, the textile sector follows closely with 18%. For instance, producing an average of 40 tons of products daily requires 2,500 tons of water, equivalent to the daily water consumption of approximately 10,000 people.

CLEAN WATER RESOURCES FOR HUNDREDS OF THOUSANDS OF PEOPLE EVERY DAY!

In textile production, where clean water resources are heavily consumed, the innovative success of the Turkish company stands out as a global best practice. This initiative will shape the future of the industry. The wastewater recycling project, developed through intensive R&D efforts, will ensure that over 90% of the required water is sourced from recycled supplies.

The reuse of wastewater in production will transform the fate of countries operating in the textile sector. By preventing the use of clean water resources for textile production, this project will free up clean water sources that can meet the daily needs of hundreds of thousands of people.

R&D ACTIVITIES IN 38 COUNTRIES WITH 380 PARTNERS!

Sun Textile places great emphasis on R&D activities, conducting research and development efforts with 380 partners across 38 countries. Sun Textile and its subsidiary Ekoten Textile export nearly 90% of their production, solidifying their identity as a leading exporter. The company ships products to numerous destinations worldwide, including European countries, the UK, and the US. Sun Textile, the leading ready-to-wear exporter in the Aegean Region, achieved a consolidated turnover of 250 million euros in the third quarter of 2024, continuing its active growth trajectory.

OFFERING CUSTOM DESIGNS TO CUSTOMERS

Sun Textile provides its own designed collections to leading brands in Europe and the UK. Ekoten Textile, its subsidiary, is among the most respected knitted fabric manufacturers in Turkey and Europe. 

With a dedicated sales team for each major customer group and five design offices in three different countries, Sun Textile creates designs tailored to its customers’ needs. Its largest clients include the Inditex Group, H&M, Jimmy Key, Tesco, Kiabi, Marks & Spencer, and Next.

Sun Textile also extends its sustainability approach to social responsibility, notably for its high ratio of female employees. The company, which went public in 2022, is also listed in dividend indexes.

Continue Reading

Trending